Leinster Leader records €200,000 loss
The loss for the year to the end of January 2010 is due to the disposal of the investment in Tallaght Publishing Ltd on January 1 this year. This compares to a loss of €21.2 million the previous year. This figure related to the impairment of investments.
The accounts said a letter confirms that it is the intention of the company’s parent group, Johnston Press plc, to provide financial support where deemed necessary to the company within the terms of the renegotiated bank facility which was concluded on August 28, 2009.
